Sustainability

EPA, Freddie Mac Team Up on Energy Efficiency Plan

The agencies will examine how energy efficiency boosts affordability in multi-family assets financed by Freddie Mac.

The January digital edition of CPE is now available!

Editor’s Note: New Year’s Resolutions This new year brings promise of further economic improvement, but as I noted last month, it brings ample challenges, as well. News Story: Reinventing South Street Seaport One thing is certain: South Street Seaport in Lower Manhattan will be getting a makeover. Trend Story: Return of the Hotel Renovation The hotel industry is undergoing a renaissance. Cover Story: Skill Search Hiring: Demand for Talent, with a Taste for Capital Raising and Deployment Stars to Watch: Rising Leaders in CRE Plenty of people land a great deal before the age of 40. Sustainability: Water Works Payback issues aside,…

HSB to Acquire 500 KSF Hartford HQ from Hines

One State Street, a 500,000-square-foot office building in Hartford, is about to become tenant-owned. The Hartford Steam Boiler Inspection and Insurance Co., the property’s lead occupant with 168,000 square feet of space, has entered into an agreement to acquire its corporate headquarters location from Hines.

Mitsui Fudosan Develops 202 KSF Office Property in San Francisco

Looking to take advantage of the hot tech market in San Francisco, Mitsui Fudosan America has formed a joint venture with SKS Partners to develop a 202,000-square-foot Class A, speculative office building at 270 Brannan St. near Second Street in SOMA’s historic South Beach district.

Skanska Scores $95M on Sale of Cambridge Life Sciences Building

One year after completing the approximately $70 million development of 150 Second St., a laboratory and office property in the bustling life sciences hub that is Cambridge, Mass., Skanska has sold the property to Alexandria Real Estate Equities for $95 million.

Obama Administration Expands Better Buildings Challenge to M-F Housing

Nearly three years after President Obama launched the Better Buildings Challenge to help American commercial and industrial buildings become at least 20 percent more energy efficient by 2020, the administration has expanded the program to the multi-family sector.

Deutsche Asset & Wealth Management Achieves LEED V4 Certification in DC Office Building

The 224,000-square-foot 1800 K St. office building, owned by Deutsche Asset & Wealth Management, managed by Transwestern, is the first building in the world to earn certification through the new, more stringent LEED v4 Operations and Maintenance: Existing Building rating system.

Greenbuild Special Report: Creating a Healthier Built Environment

A master speaker session and subsequent panel of physicians and industry exports tackled the issue of building healthy spaces at Greenbuild yesterday in Philadelphia.

Greenbuild Special Report: Learning from LEED’s Critics

The U.S. Green Building Council’s LEED rating system is not without its share of criticism. While the program has yielded the largest push towards the sustainable design, construction, operation and maintenance of the built environment, many say the program does not do enough.

Luxora to Build M-U Mega Development in India

Luxora Infrastructure Pvt Ltd. is set to build a mixed-use mega development called Ensaara Metropark in Nagpur, the state of Maharashtra, in India.